Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.
On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.
Today Steve, Brent and Ryan focus on:
- Amazon Set To Split 20:1 - What Does A Close Historical Comparison Say Will Happen Next?
- $NKE PUT Play expires today
- BZ Chart Of The Day: Is AMD About To Break Out?
Friday Gems:
https://www.youtube.com/watch?v=5XWEVoI40sE
https://store.steampowered.com/app/1371720/Card_Shark/
Today's 5 Stock Ideas: $AMZN, $AMD, $PEV, $EFOI, $LILM
Ryan's options Plays: $MAT, $NKE, $CHPT, $TPTX
- Amazon.com (AMZN) - The stock will see a 20-for-1 split as of Monday, June 6. Amazon shares should begin trade on Monday around the $125 level. Check out this Benzinga article to learn about historical performance of key stocks following their stock splits.
- Advanced Micro Devices (AMD) - Named Benzinga's Chart of the Day by Benzinga Trading School instructor Mark Putrino on Tuesday of this week. Mark had identified the $102 level in AMD as a resistance level; over the course of this week, shares broke above that level.
- Phoenix Motor (PEV) - An upcoming initial public offering (IPO) in the electric vehicle space. Phoenix Motor "designs, assembles and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets," according to IPOScoop. The IPO is expected to begin trade next week.
- Energy Focus (EFOI) - A low-float play on light-emitting diodes (LEDs) for maritime application. Shares were up about 20% in pre-market action. The Benzinga newsdesk team did not see news to justify the move higher in the name. The issue has been known to be a no-news volatility play.
- Lilium (LILM) - A play on electric vertical take-off and landing jet (eVTOL). The company will report quarterly results on Tuesday, June 7 before market open.
Hosts:
Steve Krause Reach out to Steve at [email protected]
Sr. Reporter Benzinga Newsdesk
Brent Slava Reach out to Brent at [email protected]
Sr. Reporter, Head of Benzinga Newsdesk
Ryan Faloona Reach out to Ryan at [email protected]
Director of Customer Success
pro.benzinga.com
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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
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